We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · YO12 7TN
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold We are delighted to present this luxury one bedroom second floor apartment, which is complete with one bathroom, a balcony and private parking.
All within an exclusive gated development which has lift access and an on-site gym whilst being situated on Scarborough’s North Bay Beach.
'The Sands' is an exclusive, gated development which leads out straight onto Scarborough's North Bay and beach which has an on-site gym and lift access within the building.
Also within the immediate area lies a variety of eateries, a convenience store and Peasholm Park as well as Scarborough's Open Air Theatre, making this an ideal holiday rental.
This impressive property offers a superb investment opportunity with an expected return of approximately £10,000 per annum.
The apartment boasts an inviting layout, featuring a beautifully appointed living area that opens onto a private rear-facing balcony, ideal for relaxing and enjoying tranquil surroundings.
The contemporary kitchen is thoughtfully designed with quality fittings, seamlessly blending style and functionality.
The generous double bedroom offers comfort and space, complemented by a modern bathroom complete with a shower over bath for added convenience.
Residents benefit from private parking and lift access, ensuring ease and security at every turn.
Located within easy reach of local amenities and transport links, this property combines luxury living with everyday practicality.
With no onward chain, early viewing is highly recommended to fully appreciate all that this outstanding apartment has to offer.
Hallway (3.2m x 3.0m) Kitchen/Living Room (6.7m x 3.0m) Bedroom (3.4m x 2.8m) Bathroom (2.5m x 1.9m) Business Rates: We have been advised that the rateable value of this property is £2000 (1st April 2026 to present).
The property therefore qualifies for 100% small business rates relief. Tenure/Maintenance We have been informed that the property is Leasehold with approximately 131 years remaining.
We have also been informed that the service charge and ground rent are approximately £1,500 per annum. We are not aware of any restrictions.
Hmrc If you have an offer accepted on this property, we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Landmark and Lifetime Legal. They charge a fee for this service. For further information, please contact our office. Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Apt 209 Peasholm Gap, Kepwick House Peasholm Gap, Scarborough
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